Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 5.17% is 51% above its 5-year average of 3.43%, near the high end of its 5-year range (2.86%–5.17%).
As of the fiscal period ended Wednesday, December 31, 2025. 28.77% above its 12-month average of 4.01%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
5.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
3.64%
CURRENT VS TTM AVG
+28.77%
CURRENT VS 3Y AVG
+46.36%
CURRENT VS 5Y AVG
+50.58%
CURRENT VS 10Y AVG
+56.67%
CURRENT VS 15Y AVG
+63.33%
CURRENT VS 20Y AVG
+42.00%
SECTOR MEDIAN · UTILITIES
4.04%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+28.13%
vs the sector median at left
Northwest Natural Holding Company
Market Cap
$2.13B
Return on Invested Capital (ROIC)
5.17%
TTM Avg
4.01%
3Y Avg
3.53%
5Y Avg
3.43%
Market Cap
$2.48B
Return on Invested Capital (ROIC)
-4.70%
TTM Avg
-0.84%
3Y Avg
-16.00%
5Y Avg
-67.86%
Market Cap
$2.92B
Return on Invested Capital (ROIC)
-61.76%
TTM Avg
-46.13%
3Y Avg
-91.11%
5Y Avg
-314.25%
Market Cap
$1.09B
Return on Invested Capital (ROIC)
0.26%
TTM Avg
-0.90%
3Y Avg
-0.44%
5Y Avg
0.08%
Market Cap
$3.24B
Return on Invested Capital (ROIC)
3.85%
TTM Avg
3.92%
3Y Avg
3.53%
5Y Avg
3.50%
Market Cap
$493.53M
Return on Invested Capital (ROIC)
-95.95%
TTM Avg
-95.95%
3Y Avg
-95.95%
5Y Avg
-95.95%
Market Cap
$4.32B
Return on Invested Capital (ROIC)
-14.37%
TTM Avg
-14.37%
3Y Avg
-14.37%
5Y Avg
-14.37%
Market Cap
$5.62B
Return on Invested Capital (ROIC)
4.63%
TTM Avg
4.69%
3Y Avg
4.70%
5Y Avg
4.72%
Market Cap
$7.53B
Return on Invested Capital (ROIC)
7.61%
TTM Avg
6.02%
3Y Avg
2.94%
5Y Avg
4.93%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northwest Natural Holding Company (NWN) | $2.13B | 5.17% | 4.01% | 3.53% | 3.43% |
| Fluence Energy, Inc. (FLNC)vs › | $2.48B | -4.70% | -0.84% | -16.00% | -67.86% |
| NuScale Power Corporation (SMR)vs › | $2.92B | -61.76% | -46.13% | -91.11% | -314.25% |
| XPLR Infrastructure, LP (XIFR)vs › | $1.09B | 0.26% | -0.90% | -0.44% | 0.08% |
| Avista Corporation (AVA)vs › | $3.24B | 3.85% | 3.92% | 3.53% | 3.50% |
| Deep Fission, Inc. (FISN)vs › | $493.53M | -95.95% | -95.95% | -95.95% | -95.95% |
| Fermi Inc. Common Stock (FRMI)vs › | $4.32B | -14.37% | -14.37% | -14.37% | -14.37% |
| Black Hills Corporation (BKH)vs › | $5.62B | 4.63% | 4.69% | 4.70% | 4.72% |
| UGI Corporation (UGI)vs › | $7.53B | 7.61% | 6.02% | 2.94% | 4.93% |
| Oklo Inc. (OKLO)vs › | $8.04B | -8.88% | -13.96% | -69.76% | -65.37% |
ROIC
5.2%
ROE
8.1%
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 5.17% |
| 2024-12-31 | 2.86% |
| 2023-12-31 | 3.12% |
| 2022-12-31 | 2.98% |
| 2021-12-31 | 3.24% |
| 2020-12-31 | 3.23% |
| 2019-12-31 | 3.72% |
| 2018-12-31 | 3.26% |
| 2017-12-31 | 3.30% |
| 2016-12-31 | 2.84% |
| 2015-12-31 | 2.58% |
| 2014-12-31 | 2.91% |
| 2013-12-31 | 3.03% |
| 2012-12-31 | 3.10% |
| 2011-12-31 | 3.43% |
| 2010-12-31 | 3.88% |
| 2009-12-31 | 4.57% |
| 2008-12-31 | 4.38% |
| 2007-12-31 | 5.49% |
| 2006-12-31 | 4.98% |
| 2005-12-31 | 4.39% |
| 2004-12-31 | 4.56% |
| 2003-12-31 | 4.64% |
| 2002-12-31 | 6.17% |
| 2001-12-31 | 5.43% |
| 2000-12-31 | 5.90% |
| 1999-12-31 | 5.42% |
| 1998-12-31 | 5.00% |
| 1997-12-31 | 5.92% |
| 1996-12-31 | 6.53% |
